Peet has a proud history of supporting defence personnel. Founder James Peet was a patriot and gave unfailing support to the war effort and returned servicemen, including spearheading the WA Sandbag Fund which raised money for the creation of sandbags to protect and support our fighting troops. Peet also provided the land upon which Anzac Cottage in Mount Hawthorn was built in 1916 and after the war James took a special interest in housing ex-servicemen.

Today Peet continues its support of defence personnel and their families through our partnership with a number of organisations, including Legacy Australia. Peet is proud to be supporting the 24 Junior Legatees and 15 serving Australian Defence Force personnel taking part in Operation Legacy Australia Kokoda Challenge (OP LAKC 17) to commemorate the 75th Anniversary of the Kokoda campaign.

OP LAKC 17 will provide a unique leadership development opportunity for Junior Legatees, and foster a positive mentoring experience for the ADF mentors, and will develop lifelong relationships between all participants.

The OP LAKC 17 team complete Kokoda

September 2017

Congratulations to the entire OP LAKC 17 team on their outstanding achievement having completed the gruelling 96km Kokoda Track in Papua New Guinea!
The commitment, teamwork and physical and mental strength displayed by the Junior Legatees and their ADF mentors was impressive and their reflections along the way, captured in this video, incredibly moving.

We are extremely proud to support Legacy Australia and to be able to share the experiences and wonderful achievements of these group of outstanding young Australians.

Footage courtesy of the Australian Defence Force

Photographs courtesy of the Australian Defence Force

Excitement builds in the lead up to Kokoda

Training in full swing in preparation for Kokoda

July 2017

Operation Legacy Australia Kokoda Challenge 2017 (OP LAKC 17) reached a significant milestone recently, by bringing together Legacy youth from across Australia and their Australian Defence Force (ADF) Mentors for the first time on Exercise POPONDETTA PRELUDE.

Footage courtesy of the Australian Defence Force

The history of Kokoda

This year marks the 75th anniversary of Kokoda – one of the bloodiest and most significant campaigns for Australian forces in World War II.

More Australians died in the seven months of fighting in Papua New Guinea than in any other campaign.

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In July 1942, Japanese forces landed on the northern coast of Papua, with the objective to make their way along the Kokoda Track and capture Port Moresby on the southern coast - giving them control of Papua, and a base from which to attack the Australian mainland and shipping in the Pacific.

The Kokoda Track cuts through 96 kilometres of dense jungle and over mountains. Much of it can only be travelled on foot, which meant that all supplies and heavy equipment had to be carried.

The Kokoda action lasted until November 1942 and is remembered as one of the most difficult operations by Australian troops in World War II.

Conditions were appalling - it rained most of the time and the trail was almost impenetrable in parts with dense rainforest, muddy ground, agonising steep ascents and descents.

Despite winning some hard-fought battles, Australian troops were forced to retreat towards Port Moresby. Supplies ran short and tropical diseases such as malaria reduced the fighting ability of the men. There were few stretchers to carry the wounded, and even badly wounded men were forced to walk.

The indigenous Papuan population had suffered badly at the hands of the Japanese, and many were fiercely loyal to the Australian forces: they cared for the retreating wounded Australian soldiers, who nicknamed them ‘fuzzy-wuzzy angels’.

By early September 1942, the Japanese were within 48 kilometres of Port Moresby, but they were now far from their own supply base on the northern coast, and faced the difficulties of moving supplies and weapons along the narrow, mountainous track.

At the same time, American forces had occupied the island of Guadalcanal, in the Solomon Islands, east of Papua. They could use the island as a base to attack Japanese shipping. In response, the Japanese command decided to concentrate on Guadalcanal and withdrew their forces from Papua, even though they were within sight of their objective in Port Moresby.

Australian and American troops followed the retreating Japanese along the track, and fought them when they reached their coastal base at Buna-Gona. They defeated the Japanese, but Allied casualties were extremely high.

More than 600 Australian troops died in fighting throughout the Kokoda operation, and more than 1600 were wounded. Over 4,000 soldiers suffered from tropical diseases. Estimates of the Japanese dead are uncertain, but are probably even higher than the Allied casualties, because of the Japanese military tradition of committing suicide rather than surrendering.

You can support OP LAKC 17

Official launch of Operation Legacy Australia Kokoda Challenge 2017

16 November 2016

Major General Stuart Smith AO, DSC, Legacy Australia Ambassador and former Legacy ward, has today launched a joint initiative which will see Australian Defence Force (ADF) Members mentor Legacy youth in a leadership development challenge, to commemorate the 75th anniversary of the Kokoda Campaign.

“Our support of Operation Legacy Australia Kokoda Challenge 2017 (OP LAKC 17) symbolises our commitment to caring for the dependants of those that have died or become incapacitated following their military service. Defence veterans mentoring Legacy youths reflects the true spirit of Legacy. The 75th anniversary of the Second World War Battle of Kokoda, where so many Australian soldiers, sailors and airmen distinguished themselves, will provide a wonderful inspiration.”

Kokoda has its place in Australia’s national identity. Often depicted as the ultimate physical challenge for contemporary Australian pilgrims, this journey will reveal the best in both ADF members and Legacy youth.

Set as a leadership challenge for Legacy youth and an opportunity for veterans to work through post deployment issues, OP LAKC 17 will involve a group of around 20 – 25 Legacy youth, accompanied by serving ADF veterans, walking the Kokoda Trail during Legacy Week (August/September) 2017.

Legacy Australia Chairman, Mr Tony Ralph welcomes the full support of Air Chief Marshal Mark Binskin, AC for this initiative. “Legacy Australia plays a unique role in the support of Defence force families, where a member has given their life or health in service of our nation. OP LAKC 17 provides a vehicle in which Legacy can support the ADF in their duty as the Defence family to look after itself by those who have served and returned.”

Mr Ralph announced the first Legacy youth and first ADF mentor to be nominated for the initiative. 16 year old Ronan Gotch from Canberra Legacy will work towards conquering the Owen Stanley Ranges with his ADF mentor WO1 T.

“Early in our planning phase, we expressed a hope that we could find ADF mentors who had served with the family member of our Legacy youth. In this instance, WO1 T served with Ronan’s and in my eyes this a wonderful pairing.”

Legacy Australia welcomes on board our corporate partners Peet Limited and QinetiQ for what is expected to be a thoroughly challenging and rewarding project for all involved. For more information on how you might like to partner with Legacy Australia for OP LAKC 17, email kokoda@legacy.com.au.

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News and Events

Peet welcomes $25,000 HomeBuilder grant

POSTED ON 4 Jun 2020

Australian property developer Peet has welcomed today’s announcement of the Federal Government’s new HomeBuilder scheme.
The HomeBuilder grant will give Australian home buyers access to a $25,000 grant to go towards the cost of building a new home up to the value of $750,000, or to assist with renovations of between $150,000 and $750,000.*

Peet guiding first time buyers on the property journey

POSTED ON 29 May 2020

Recently Peet Managing Director and CEO Brendan Gore spoke with Dan Wilkie from Australian Property Investor Magazine about the challenges first home buyers face when starting their property journey, and how Peet’s new five-step First Home Buyer Toolkit can help them through the process.

Closure of playgrounds, skate parks and outdoor gyms

POSTED ON 31 Mar 2020

In line with the latest government restrictions to slow the spread of COVID-19, we advise that all playgrounds, skate parks and outdoor gyms will be closed across all Peet communities. When utilising open spaces for exercise, social distancing and maximum numbers do apply. We understand how important these community facilities are to everyone and that they will be dearly missed, and we thank you for doing your part and adhering to the Government’s guidance. Stay safe and we’ll get through this together.

A message from Peet

POSTED ON 24 Mar 2020

The effect of COVID-19, and the impact it has on each of us, continues to evolve rapidly. It’s times like this that community is extremely important.

COVID-19: Update on Peet community events

POSTED ON 21 Mar 2020

At Peet, we hold the safety and well-being of our communities, visitors, suppliers and staff in the highest regard.

Following advice from the Chief Medical Officer to national, state and territory leaders around COVID-19 (Coronavirus), we regret to inform you that Peet has postponed or cancelled events at its estates around Australia.

POSTED ON 20 Aug 2019

Googong takes top UDIA honours

POSTED ON 9 Aug 2019

Our Googong development, one of the biggest new towns in Australia, received top honours in the 2019 UDIA NSW awards on Friday night winning both the Excellence in Masterplanned Communities and Excellence in NSW Regional Development categories.

Development approval for Pier Street apartments

POSTED ON 28 Jun 2019

Peet is pleased to have received approval for an exciting 27-storey development immediately adjacent to the City of Perth's cultural and arts precinct of Northbridge. Delivering an innovative and affordable housing option for Perth, the partnership with Department of Communities, will provide 184 apartments and a great range of community and commercial space.

Flagstone signs historic $1.2 billion infrastructure deal

POSTED ON 18 Jun 2019

Peet has led an historic infrastructure agreement that will fund more than $1.2 billion of essential services for the Greater Flagstone Priority Development Area, in Queensland. The infrastructure deal is the biggest of its kind in Australia’s history and will secure the infrastructure needs of the Greater Flagstone community for the next 45 years.

Prime Minister doorstops in Googong

POSTED ON 8 Apr 2019

The Prime Minister’s visit included a press conference about the Government’s $525million commitment to vocational education and training (VET). The funding will deliver 80,000 new apprenticeships over five years — including bricklayers, carpenters and plumbers — as well as financial incentives for employers and trainees.

When big ideas meet big thinking

POSTED ON 27 Mar 2019

Peet has been featured in the National Australia Bank’s Big Ideas campaign – with Managing Director and CEO Brendan Gore sharing our big idea of making the dream of home ownership a reality for a million Australians, and how NAB is helping achieve that goal.

Solid half-year performance from Peet

POSTED ON 26 Feb 2019

Today Peet announced an operating profit and statutory profit after tax of $23.1 million for the half-year ended 31 December 2018, which represents an increase of 5.6% compared with the previous corresponding period. Managing Director and CEO, Brendan Gore, said the solid result was underpinned by an increase in settlements across the Group’s national portfolio. The Group’s performance during the half year resulted in earnings per share of 4.74 cents, representing an increase of 6% compared with 1H18.

Peet named preferred proponent to develop Tonsley Retail precinct

POSTED ON 21 Feb 2019

Peet is pleased to have been selected as the preferred proponent* to develop the Tonsley Retail precinct. Plans are now underway for the development of a vibrant new shopping, hospitality and commercial precinct at Tonsley Village.

$26million investment shapes first year for Tonsley Village

POSTED ON 7 Feb 2019

Lightsview Cycling Team takes top honours

POSTED ON 10 Jan 2019

The Lightsview Cycling Team has beaten the Australian Cycling Team in the elite men’s category to secure the series win in the 2018 Cycling South Australia Super Series. In addition to the team success, Justin Gassner took out the Series Leader competition.

Invita up for national housing affordability award

POSTED ON 13 Dec 2018

Peet’s Invita Apartments (Stage 3A) south of Perth has been named as a finalist in the Best Affordable Housing Development category of the Property Council of Australia / Rider Levett Bucknall Innovation & Excellence Awards.

What's On - October

POSTED ON 26 Sep 2018

Prestigious industry award for Lakelands

POSTED ON 18 Sep 2018

Peet’s Lakelands Estate has added to its continued success, being named the best Masterplanned Development in Western Australia at this year’s Urban Development Institute of Australia WA’s gala dinner at Crown Perth on Saturday 15 September.

What's On - September

POSTED ON 27 Aug 2018

Peet increases full year profit

POSTED ON 23 Aug 2018

Today the Peet Group announced an operating profit and statutory profit after tax of $49.1 million for the year ended 30 June 2018, representing an increase of 10% compared with the year ended 30 June 2017. MD and CEO, Brendan Gore, said the results were underpinned by continuing favourable conditions across east coast markets. “The benefits of the Group’s geographically diversified portfolio have underpinned the 2018 performance, with the favourable conditions on the east coast more than offsetting the subdued Perth market,” said Mr Gore.

Healthy Active by Design at The Village at Wellard

POSTED ON 16 Aug 2018

Peet’s award-winning The Village at Wellard community south of Perth has been featured as a case study by the Heart Foundation’s Healthy Active by Design program, shining a spotlight on its many design features which support healthy and active living.

Googong celebrates first public school

POSTED ON 9 Jul 2018

Home ground advantage at Flagstone

POSTED ON 6 Jul 2018

Flagstone’s new adventure zone is quickly taking shape in the future city centre. A million dollar playing field is now open and construction has started on one of the biggest community playgrounds in South East Queensland.

Prime Minister visits Lakelands Estate

POSTED ON 7 May 2018

On his visit to Perth last week Prime Minister Malcolm Turnbull stopped by the award-winning Lakelands Estate to make a welcome funding announcement which moves the proposed Lakelands train station another step closer to reality.

Tonsley takes out top property industry award

POSTED ON 3 May 2018

The transformation of a former car manufacturing site into the dynamic Tonsley Innovation District has seen the project awarded South Australia’s top property honour at the Property Council of Australia’s Awards for Excellence.

What's On - April

POSTED ON 22 Mar 2018

Revolutionising the home buying journey

POSTED ON 6 Mar 2018

Deciding on which community you want to build your new home in has just been made easier with Peet launching a virtual reality experience that brings Peet communities to life in the hearts and minds of homebuyers – introducing Peet Vision360.

Peet delivers a solid first half performance

POSTED ON 22 Feb 2018

Peet Limited today announced an operating profit and statutory profit after tax of $21.9 million for the half-year ended 31 December 2017, which represents an increase of 11% compared with the previous corresponding period. Peet Managing Director and CEO, Brendan Gore, said the result was underpinned by continuing strong conditions across east coast markets which saw the Group achieve strong growth in operating margins.

Parkindula Village – the new heart of Bluestone

POSTED ON 15 Feb 2018

There’s an exciting new precinct at Peet’s Bluestone, Mt Barker community in the Adelaide Hills – Parkindula Village – which is set to become a new focal point and central hub for this vibrant growing community.

What's On - February

POSTED ON 23 Jan 2018

Introducing Tonsley Village – Adelaide’s most innovative new address

POSTED ON 16 Jan 2018

You can now be part of Tonsley Village, one of the most exciting and innovative residential developments in South Australia, which was officially launched by the Honourable Kyam Maher MLC, Minister for Manufacturing and Innovation, on Sunday 14 January.

Wishing you a happy festive season

POSTED ON 21 Dec 2017

From all of us at Peet, wishing you a happy festive season with your family and friends.

Please note, Peet offices will be closed from Monday 25th December 2017, and will re-open on Tuesday 2nd January 2018. For Sales Centre opening hours, please check the estate website for details.

2017 Annual General Meeting

POSTED ON 29 Nov 2017

Our shareholders gathered in Perth today for our 2017 Annual General Meeting and heard from Chairman Tony Lennon and Managing Director and CEO Brendan Gore about the performance of Peet last financial year, and how we’re positioned for the year ahead. It was also pleasing to have two Board Members, Vicki Krause and Bob McKinnon, re-elected for another term with overwhelming support from shareholders.

POSTED ON 27 Nov 2017

2017 Annual Report

POSTED ON 25 Oct 2017

The Peet Group has a diversified land bank across all mainland state and territories, with a pipeline of approximately 52,000 lots worth $13.8 billion. This represents 17 years’ lot supply based on current sales rates.

The Group acquires, develops and markets residential land, predominantly under a capital-efficient funds management model.

Our focus is to create high-quality masterplanned residential communities for homebuyers across Australia, and achieve the best possible results for our shareholders, investors and partners, which include State and Federal Government agencies and major Australian institutions. These are in addition to our syndicate and company investors.

The OP LAKC 17 team complete Kokoda

POSTED ON 8 Sep 2017

Congratulations to the entire OP LAKC 17 team on their outstanding achievement having completed the gruelling 96km Kokoda Track in Papua New Guinea!
The commitment, teamwork and physical and mental strength displayed by the Junior Legatees and their ADF mentors was impressive and their reflections along the way, captured in this video, incredibly moving.
We are extremely proud to support Legacy Australia and to be able to share the experiences and wonderful achievements of these group of outstanding young Australians.

Operation Legacy Kokoda Challenge – ready for take off

POSTED ON 25 Aug 2017

As the group depart on Monday to take on the gruelling 96km track, hear from Peet Managing Director and CEO, Brendan Gore, on why we’re proud to be supporting some very special Legatees on this incredible journey.

Strong full year performance for Peet Group

POSTED ON 24 Aug 2017

The Peet Group today announced an operating profit and statutory profit after tax of $44.8 million for the year ended 30 June 2017, which represents an increase of 5% compared with last financial year.
Managing Director and CEO, Brendan Gore, said the results were achieved on the back of continuing strong conditions across the Group’s east coast markets.
“The Group has continued to achieve price growth in these key markets and particularly across the Victoria portfolio. There were also signs of improvement in the Queensland portfolio, with increased levels of enquiry and sales,” said Mr Gore.

Peet Community Partners

POSTED ON 19 Aug 2017

Supporting the community is in our DNA. Here are just some of the highlights of the wonderful local groups and organisations we have supported through our Community Partnership Program over the past year.

Peet teams up with the 'Experts in Fun!

POSTED ON 7 Aug 2017

Our commitment to innovation keeps us looking for new ways to deliver exciting lifestyle opportunities for residents in our communities across the country. Peet is excited to have joined forces with ‘experts in fun,’ the Mamma Knows Melbourne team, in an exclusive partnership to guide the design and development of our parks and playgrounds at Cornerstone and Newhaven in the west, and Aston and Aspect in the north.

Training in full swing in preparation for Kokoda

POSTED ON 31 Jul 2017

Operation Legacy Australia Kokoda Challenge 2017 (OP LAKC 17) reached a significant milestone recently, by bringing together Legacy youth from across Australia and their Australian Defence Force (ADF) Mentors for the first time on Exercise POPONDETTA PRELUDE.

Lego Travellers visit Peet Communities

POSTED ON 24 Jul 2017

Health and wellbeing at heart of Peet communities

POSTED ON 18 Jul 2017

Lifestyles are evolving and Peet is creating communities that respond to the changing needs of homebuyers at all stages of life. Not surprisingly, more residents are making the most of the shared spaces – parks and open spaces that are designed as a kind of ‘communal backyard’ with places to get active and also relax with parklands, waterways, walking and cycling trails, BBQs, shelters, and play equipment.

Flagstone Bridge Opening

POSTED ON 10 Jul 2017

We have a big, bold vision for Flagstone in Queensland where 12,000 homes and a complete city centre will be built over the next three decades and were excited to mark a major milestone on the project last week.

Peet preferred proponent for affordable housing project in Brabham

POSTED ON 5 Jul 2017

Peet is pleased to have been selected as the preferred proponent to partner with the WA Housing Authority to deliver the new Brabham project.
With the potential to be home to thousands of residents with more than 3,000 dwellings, schools, neighbourhood shops and recreational areas, Brabham will be a major transit-oriented development linking the Swan Valley with the Perth CBD.

Doors open at Lakelands Shopping Centre

POSTED ON 27 Jun 2017

The new Lakelands Shopping Centre opened its doors to hundreds of waiting shoppers on Wednesday 21 June and is now the largest shopping centre between Mandurah and Rockingham south of Perth.
The 20,000sqm centre is anchored by Coles, K-Mart and ALDI and boasts more than 40 specialty stores.

Military Art Program 2017 | Peet Limited

POSTED ON 1 Jun 2017

A unique exhibition of artworks from current and former serving defence personnel will be open – with some works available for sale – on the weekend of 25-26 June only at Wilkinson’s Gallery, Claremont Showgrounds.
More than 100 works from participants in the Military Art Program Australia (MAPA), including representatives of Army (including SASR), Navy and Air Force, feature portraits, landscapes, abstracts and military war dogs, wildlife and other military and non-military subjects, a variety of sculptures and other works.

First Home Super Saver Scheme Explained | Peet Limited

POSTED ON 10 May 2017

If you’re looking to take that first step on the homeownership ladder, the Federal Government’s First Home Super Saver Scheme will help you save for a deposit by salary sacrificing into your superannuation account.

Flagstone regional park

POSTED ON 9 May 2017

We have reached a major milestone at Flagstone, with construction of the $6 million first Phase of the Flagstone Central Park now underway!
Designed to be a real destination for the whole Flagstone region the Park covers 10 hectares and will be delivered in stages over the next four years. Stages 1 and 2 will include active and passive recreation areas with an adventure theme, including a dog park and innovative skate plaza, which are due to open before the end of this year.
Flagstone Central Park will also incorporate a village meeting place, multi-purpose sports field, play equipment, plenty of open space, walking trails and picnic areas.

Peet A Gold Partner Of The 2017 UDIA National Congress | Peet Limited

POSTED ON 7 Apr 2017

Peet was pleased to be a gold partner of the 2017 UDIA National Congress which celebrated its 25th anniversary in Perth, welcoming industry leaders from around the country.

Small Lot Houses On Trend | Peet Limited

POSTED ON 3 Apr 2017

Peet’s commitment to innovation has always been a key driver of its success. Today’s affordability pressures; changing demographics and lifestyles; and the need to limit urban sprawl have all contributed to the increased demand for smaller lots and built form options that don’t compromise on space or quality.

Strong half-year performance

POSTED ON 3 Feb 2017

Continuing strong conditions across the Peet Group’s east coast markets were reflected in our performance during the first half of the 2017 financial year. The Group recorded an operating profit after tax and statutory profit for 1H17 of $19.8 million – a 7% increase on the previous corresponding period.
Improved margins and earnings were achieved on the back of price growth in both Funds Management and Development projects in the Victorian portfolio; the contribution of new projects across Australia; and Peet’s continuing focus on efficiencies across the business. It’s all made possible thanks to the dedication and commitment of our team and we thank each and every one of you for what you bring to the business.

Art At Sea Helps WA Forces This Festive Season | Peet Limited

POSTED ON 7 Dec 2016

WA defence personnel are taking up ‘arms’ in the form of pencils and paints to help them cope with being far from family and home during this festive season.
A new initiative is encouraging serving men and women to immerse themselves in drawing and painting while they are away on a tour of duty.
The Art In The Field project provides individual art packs to defence bases, outposts and naval vessels to give military personnel an artistic alternative to the usual off-duty activities such as fitness, sports and games – with a high degree of therapeutic benefit.

POSTED ON 16 Nov 2016

Major General Stuart Smith AO, DSC, Legacy Australia Ambassador and former Legacy ward, has today launched a joint initiative which will see Australian Defence Force (ADF) Members mentor Legacy youth in a leadership development challenge, to commemorate the 75th anniversary of the Kokoda Campaign.

Alongside Strengthens Support For Frontline Families | Peet Limited

POSTED ON 6 Sep 2016

More than half a million people make up Australia’s frontline, working as Defence or Emergency Services personnel, where exposure to trauma is unavoidable and there is an increased prevalence of mental health problems.

POSTED ON 30 Jun 2016

The Peet Group will partner the South Australian Government in the redevelopment of the residential component of Tonsley – a major new education, industry and residential precinct just 10 kilometres from the Adelaide CBD.

POSTED ON 30 Jun 2016

Education Minister opens Coastal Lakes College

POSTED ON 1 Jan 0001

Western Australian Minister for Education and Training, the Hon Sue Ellery MLC visited Peet’s Lakelands Estate on Friday 15 February to officially open the new public secondary school, Coastal Lakes College.

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